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- Alaska Statutes.
- Title 6. Banks and Financial Institutions
- Chapter 26. Revised Alaska Trust Company Act
- Section 190. Hours of Operation.
previous:
Section 180. Offices Outside the State.
next:
Section 200. Private Trust Companies.
AS 06.26.190. Hours of Operation.
- (a) A trust company and an interstate state trust company or an international trust company maintaining a trust office
under AS 06.26.810 - 06.26.895 may close on the legal holidays described in AS
44.12.010 - 44.12.025. A notice of holiday closings shall be made
available to the trust company's customers by mail, by the Internet, or by other means.
- (b) A trust company and an interstate state trust company or international trust company maintaining a trust office under
AS 06.26.810 - 06.26.895 may close on any business day if the trust
company
- (1) notifies the department in advance of the closure; and
- (2) makes a closure notice available to its customers by mail, by the Internet, or by other means.
- (c) The hours of operation, and any changes in the hours of operation, of a trust company and an interstate state trust
company or international trust company maintaining a trust office under AS 06.26.810 - 06.26.895 must be submitted to the department and must be
made available to the trust company's customers by mail, by the Internet, or by other means.
- (d) Notwithstanding this section, the hours of operation of a trust company with a certificate of authority issued under
AS 06.05 are subject to AS 06.05.166
.
Article 04. PRIVATE TRUST COMPANIES
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